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Leading Specialty Food Importer Wholesaler In Metro Vancouver For Sale

Metro Vancouver, British Columbia, Canada
Asking Price:
$398,500 (CAD)
Sales Revenue:
$2,080,203 (CAD)
Cash Flow:
$225,659 (CAD)

This business is an importer, wholesaler, and retailer of Portuguese goods in the Metro Vancouver area. As the only business in this industry within Western Canada, the business holds a strategic role with no competition.

Under the ownership since 2001, the business continues to flourish. Its strong clientele bears testimony to the company's status as the market leader in the region's Portuguese import industry. This turnkey operation has been operating with a fully hands-off owner, making it a seamless transition for a new owner to take over.

There exists a compelling opportunity to further enhance the company's already exceptional sales revenues. By capitalizing on marketing and sales strategies, such as venturing into online product sales, expanding their website and digital presence, and exploring paid digital advertising avenues, the company can tap into new markets and demographics, ensuring continued growth and prominence in the industry. With its esteemed history and commitment to quality, the business is poised to expand its legacy.

Property Information

Real Estate:

Lease

Lease Terms:

Lease runs through April 30, 2025 and has a renewal option

Leasehold Rent:

$66,000 (CAD) per annum

Size in square feet:
9,385
Planning Consent:

Main level, lower level vehicle accessible, and mezzanine office

Business Operation

Reasons for selling:

Retirement

Employees:
6
Years established:
1967

Other Information

Support & training:

Mon-Fri: 8:00 AM - 4:30 PM
Sat: 8:00 AM - 2:00 PM
Sun: Closed

Furniture / Fixtures value:
$250,000 (CAD)
Inventory / Stock value:
$500,000 (CAD)
Website:
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Relocatable:
This business can be relocated.